Russian Federation: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in the Russian Federation

The Russian cyclanes, cyclenes and cycloterpenes market stood at $X in 2021, rising by 5% against the previous year. Overall, consumption saw a perceptible curtailment. Cyclanes, cyclenes and cycloterpenes consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in the Russian Federation

In value terms, cyclanes, cyclenes and cycloterpenes production expanded markedly to $X in 2021 estimated in export price. In general, production recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 with an increase of 20% against the previous year. Cyclanes, cyclenes and cycloterpenes production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from the Russian Federation

Cyclanes, cyclenes and cycloterpenes exports from Russia soared to X tons in 2021, with an increase of 23% on 2020 figures. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 385% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes exports soared to $X in 2021. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 182% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons) was the main destination for cyclanes, cyclenes and cycloterpenes exports from Russia, with a 47% share of total exports. Moreover, cyclanes, cyclenes and cycloterpenes exports to Finland exceeded the volume sent to the second major destination, Estonia (X tons), twofold. The third position in this ranking was taken by Switzerland (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Finland stood at +69.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+207.9% per year) and Switzerland (+32,244.5% per year).

In value terms, Finland ($X), Belarus ($X) and Estonia ($X) appeared to be the largest markets for cyclanes, cyclenes and cycloterpenes exported from Russia worldwide, together comprising 57% of total exports. These countries were followed by China, Switzerland, India and Germany, which together accounted for a further 30%.

Switzerland, with a CAGR of +9,174.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cyclanes, cyclenes and cycloterpenes export price stood at $X per ton in 2021, surging by 29% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The growth pace was the most rapid in 2019 an increase of 37% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-1.5%), while the prices for the other major destinations experienced a decline.

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into the Russian Federation

In 2021, approx. X tons of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) were imported into Russia; jumping by 103% against the year before. Over the period under review, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cyclanes, cyclenes and cycloterpenes imports skyrocketed to $X in 2021. In general, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), South Korea (X tons) and Germany (X tons) were the main suppliers of cyclanes, cyclenes and cycloterpenes imports to Russia, with a combined 86% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +27.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cyclanes, cyclenes and cycloterpenes suppliers to Russia were China ($X), South Korea ($X) and Germany ($X), with a combined 79% share of total imports.

China, with a CAGR of +27.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cyclanes, cyclenes and cycloterpenes import price amounted to $X per ton, jumping by 38% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :